MC Qu. 150 In preparing a companys... In preparing a company's statement of...
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Accounting
MC Qu. 150 In preparing a companys...
In preparing a company's statement of cash flows for the most recent year, the following information is available:
Loss on the sale of equipment Purchase of equipment Proceeds from the sale of equipment Repayment of outstanding bonds Purchase of treasury stock Issuance of common stock Purchase of land Increase in accounts receivable during the year Decrease in accounts payable during the year Payment of cash dividends $ 14,906e 154,000 135,000 91,500 66,500 100,500 124,000 47,500 79,500 39,500 Net cash flows from investing activities for the year were Multiple Choice $128,100 of net cash used $143,00O of net cash used $270,000 of net cash used $143,000 of net cash provided $234,500 of net cash provided
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